European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May. The tech company had proposed to open the system to rivals after being accused by the European Commission (EC) of thwarting competition. After getting feedback from Apple’s rivals and customers, and having the company make some modifications to its proposals, […]
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose […]
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
The more I read and write about AI, the firmer I get in my conviction that Big Tech incumbents absolutely must strangle the decentralized AI in its cradle before it wrecks everything.Take a look at this interview Ben Thompson did with OpenAI’s Sam Altman and Microsoft CTO Kevin Scott. I call your attention to this part in particular:From Microsoft’s perspective, is this going to be a funnel into new products or do you see it as an end goal in and of itself, winning search?KS: So I think you hit...
It's a post-Digital Markets Act (DMA) world, and Spotify continues to test what that means for its iOS app. The music streamer announced that it submitted an update for Apple's approval that would allow Spotify to display "basic pricing and website information" on its app in Europe and "the bare minimum outlined under the European Commission's ruling in its music streaming case." Within a few hours, Apple had rejected the update. "Apple continues to break European law,” and unfortunately that...
A new EU law means Apple will have to extend its iPhone warranty, and offer all users the same kind of repair or replace service it currently sells as AppleCare. The EU wants to make it easier to repair damaged smartphones Since 2020, the EU has been debating right to repair legislation, and it has been steadily progressing through the system. Now the EU has formally adopted the rules, after a vote saw 584 in favor, 3 against, and 14 abstentions. "Consumers' right to repair products...
A new report suggests that every tech giant has failed to provide crucial ad transparency tools to its user base, leaving the door open for disinformation and manipulation. On Tuesday, Mozilla and CheckFirst, a Finland-based research company, released a report detailing how tech companies like Apple, Google, TikTok, and X handle ad transparency. Ultimately, the report found that all platforms could be doing more to disclose why a user is seeing an advertisement and who is behind the ad....
The Chief Executive of Ghana Cocoa Board, Hon Joseph Boahen Aidoo has raised critical concerns about the implementation of the new EU Regulations on Deforestation and its cost ramifications to farmers and producing countries.
(Bloomberg) -- A disappointing earnings report from Meta Platforms Inc. has technology investors on edge with results from some of the stock market’s biggest and most important companies due in the coming days.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla...
Altstore PAL is available only for residents in the EU as part of the Digital Markets Act ruling that Apple must allow third-party app stores.
Apple is weighing its options for bringing AI to the next-generation iPhone.The tech giant is in talks with both OpenAI and Google to bring generative AI to iOS 18, the next iPhone operating system, but has not reached a final decision between ChatGPT and Gemini or another third-party provider, Bloomberg reported Friday.Business Insider previously reported that the iPhone 16 is expected to be released this fall. It is set to be the first of Apple's smartphones to incorporate generative AI, which...
The European Commission is set to approve Apple's opening up of Apple's NFC platform to third-party mobile wallets as soon as May, which could help save the iPhone maker from a $40 billion fine. NFC in the iPhone is chiefly used for Apple Pay In January, Apple agreed that it would open up its NFC hardware to any developer for the purposes of performing contactless payments. Months later, it appears that European antitrust regulators are close to determining if it's enough to get Apple...